Polymetals Resources (POL.AX)

Net assets on the balance sheet as of June 2024 : NZ$30.2 Million

According to Polymetals Resources's latest financial reports the company has NZ$30.2 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Polymetals Resources - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2024-06-30	$NZ$29.47 M	46.64%
2023-06-30	$NZ$20.1 M	224.99%
2022-06-30	$NZ$6.18 M	-8.81%
2021-06-30	$NZ$6.78 M

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Polymetals Resources (POL.AX) - Net assets